Iraq: Council of Ministers terminate tax treaty negotiations with Croatia
Iraq’s Council of Ministers revoked its authorisation for tax treaty negotiations with Croatia on 1 October 2024. This decision nullifies earlier approvals granted under Decision No. 103 of 2023 and No. 23396 of 2023, which allowed the drafting
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US: Treasury releases list of boycott countries
The US Treasury published a notice in the Federal Register regarding the current list of countries that may necessitate participation in or cooperation with an international boycott on 1 October 2024. The countries identified include Iraq,
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Iraq to negotiate income and capital tax treaty with Bulgaria
The Iraqi Council of Ministers approved the negotiation and signing of an income and capital tax treaty with Bulgaria on 1 October 2024. The council has authorised the Director General of the General Commission for Taxes to initiate discussions
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Kuwait ratifies tax treaty with Iraq, amending treaty protocol with South Africa and Switzerland
Kuwait ratified income tax treaty with Iraq and amending protocol to the treaty with South Africa and Switzerland on 18 September 2024, published in Official Gazette No. 1705 on 22 September 2024. The income and capital tax treaty with Iraq was
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Kuwait ratifies tax treaty with Iraq
Kuwait ratified the income and capital tax treaty with Iraq on 18 September 2024. The agreement aims to eliminate double taxation, curb tax evasion, and strengthen economic ties between the two nations. Article 1 of the agreement specifies that
See MoreIraqi Cabinet approves DTA between Iraq and Saudi Arabia
On 6 August 2019, the Iraqi Cabinet approved the draft Double Taxation Agreement (DTA) with the Kingdom of Saudi Arabia. The agreement was signed on 17 April
See MoreGovernment of Iraq issued 2018 Federal Budget
The Iraqi Parliament passed its 2018 Budget Act (the Budget) on 3 March 2018. The Budget includes several measures to support economic growth and fiscal stability as Iraq recovers after the 2017 military defeat of the Islamic State of Iraq and Syria
See MoreUAE: DTA signs with Iraq
The Double Taxation Agreement (DTA) between Iraq and the United Arab Emirates was signed on October 3, 2017, for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on
See MoreDTA between Iraq and South Korea signed
On 23 August 2017, the Council of Ministers of Iraq has authorized to sign a revised Double Taxation Agreement (DTA) with South
See MoreIraq: Income Tax Treaties with Hungary, Sri Lanka, and Turkey
Draft income tax treaties with Hungary, Sri Lanka and Turkey have been approved by the Iraqi cabinet. The treaties will enter into force after they have been signed and ratified by the contracting
See MoreTurkey-Iraq Income and Capital Tax Treaty has authorized and signed by Iraq
The Iraqi Council of Ministers has certified the Finance Ministry to negotiate and sign an Income and Capital Tax Treaty with Turkey on 13th November 2014. Details information regarding this treaty will be reported
See MoreUS: Treasury Department republishes list of boycott countries that result in restriction of US tax benefits
The list of countries that requires cooperation with, or participation in, an international boycott as a condition of doing business has been republished by the US Treasury Department. The countries listed are Iraq, Kuwait, Lebanon, Libya, Qatar,
See MoreTreaty between Iraq and Philippines authorization for signature by Iraq
On 22 April 2014, Iraq authorized the Minister of Finance to commence negotiations for the conclusion of a double tax treaty with the
See MoreUS-Iraq Hold First TIFA Meeting
A joint council set up under the Trade and Investment Framework Agreement (TIFA) between the two countries has held its first meeting. The joint council provides a forum for discussion in relation to trade issues such as the rights of employees,
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